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The UK Publishes Draft Finance Bill 2019-20 Including New Digital Services Tax

|Proposed Changes|United Kingdom
United Kingdom

The UK Government has announced the publication of the draft Finance Bill 2019-20, which includes several different measures in relation to income tax, chargeable gains, corporation tax, and others. Some of the main measures affecting companies include the following:

Corporate capital loss restriction for Corporation Tax

For accounting periods ending on or after 1 April 2020 companies makin…

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